OPG Power Ventures (LON:OPG) Trading Down 7.7% – Time to Sell?

OPG Power Ventures Plc (LON:OPGGet Free Report) traded down 7.7% during mid-day trading on Tuesday . The company traded as low as GBX 5.70 ($0.07) and last traded at GBX 6 ($0.08). 190,680 shares were traded during trading, a decline of 57% from the average session volume of 444,094 shares. The stock had previously closed at GBX 6.50 ($0.08).

OPG Power Ventures Price Performance

The company’s 50 day simple moving average is GBX 6.93 and its 200 day simple moving average is GBX 9.01. The company has a debt-to-equity ratio of 16.80, a current ratio of 1.54 and a quick ratio of 0.32. The stock has a market cap of £24.04 million, a P/E ratio of 600.00, a P/E/G ratio of 0.15 and a beta of 0.71.

About OPG Power Ventures

(Get Free Report)

OPG Power Ventures Plc, together with its subsidiaries, develops, owns, operates, and maintains private sector power projects in India. The company operates 414 MW of thermal power and 62 MW solar power assets. It primarily sells electric power to public sector undertakings and heavy industrial companies.

Further Reading

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